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In Madhya Pradesh’s Vidisha on Monday, the dead body of a person who allegedly died in a train accident was transported in a garbage vehicle instead of a hearse van.
#MadhyaPradesh: Dead body of a person who allegedly died in a train accident was transported in a garbage vehicle instead of a hearse van. DC, Vidisha says 'I just got information about it, I'll inquire about it and seek a report from SDM that why hearse van did not reach there' pic.twitter.com/jOREVb45Lf
— ANI (@ANI) August...

England star all-rounder Ben Stokes has been found not guilty of affray, by the jury. Stokes had been arrested and charged with affray after a fight near a Bristol nightclub in September last year.
The Durham all-rounder denied the charge following the fracas between a group of men, the decision means England cricket can make changes in the squad for the Trent Bridge Test against India starting from August 18.
However, the inclusion of Ben Stokes fully depends on ECB's Cricket Disciplinary Commission...

Kundan Gold Refinery, the largest private gold refinery in India has received the best refiner and leading bullion awards at 15th India International Gold Convention on Monday held in Kochi.
The IIGC each year brings together the world bullion industry under one platform and has been into optimistic mode following the NITI Aayog report on transforming Indian gold markets.
People associated with the gold industry in India and abroad, trade organisations, financial institutions and policy experts...

The Board for Control of Cricket in India (BCCI) had appointed Ramesh Powar as the Head Coach of Indian Women’s Team on Tuesday till T-20 World Cup in West Indies. Powar, who was first asked to manage the team after the resignation of former coach Tushar Arothe, was handed over the full-time duties till November 30, 2018.
Speaking to media, BCCI Secretary Amitabh Choudhary said, "The BCCI has appointed Mr Ramesh Powar as Head Coach of the Indian Women’s Team. Mr Powar has now been handed over...

India skipper Virat Kohli slipped a spot down to No.2 in the latest MRF Tyres ICC Test batting rankings, a day after Indian side crashed to an innings and 159-run loss to England in the Lord's Test.
Kohli, who rose to 934 points attained the numero-uno spot by overtaking banned Australian Steve Smith last week, after low scores of 23 and 17 at the home of cricket, had now dropped to 919 points, 10 points behind Steve Smith (929).
Besides Kohli, vice-captain Ajinkya Rahane (23), and openers Lokesh...

Chhattisgarh Governor Balram Das Tandon died on Tuesday following a heart attack. He was 90 years old.
Tandon was rushed to Dr. Bhim Rao Ambedkar Memorial hospital in Raipur and was kept under the hospital’s intensive care unit.
Prime Minister Narendra Modi expressed his grief over the demise of veteran politician and one of the founder members of the Jan Sangh which later became Bhartiya Janta Party (BJP).
PM Modi said, “Saddened by the demise of Shri Balramji Dass Tandon, the Governor of...

Government To Revive Hindustan Paper Corporation, Prepares Rs 1,000cr

News World India | 0

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October 1 , 2017 , 16:49 IST

With the help of private sector's co-operation, the government is planning to revive the Hindustan Paper Corporation and has already firmed up an amount of Rs 1,000 crore for the same, an official has said.

The go-ahead to the revival plan was given at a meeting of the inter-ministerial group chaired by the prime minister earlier this month, the sources said.

The inter-ministerial group has been tasked with undertaking turnaround of Hindustan Paper Corporation and government think tank NITI Aayog has been entrusted with overseeing implementation of the revival plan.

"A Cabinet note is being prepared for settlement of the company's liabilities to the tune of Rs 1,000 crore, including payment of salaries to its 1,500 odd employees (barring Hindustan Newsprint Ltd) and clearance of outstanding statutory bank liabilities," a senior Heavy Industries Ministry official told PTI.

Employees of Nagaon and Cachar paper mills belonging to central PSU Hindustan Paper Corp which comes under the administrative control of the Department of Heavy Industries have not paid salaries for 10 months and a year, respectively.

Due to a shortage of working capital, the production in Cachar Paper Mill and Nagaon Paper Mill has been suspended since October 2015 and March 2017, respectively.

"There was a brainstorming meeting chaired by the prime minister wherein it was decided that while retaining the public sector character of Hindustan Paper Corporation, contracts will be given to private players for carrying out procurement and due diligence activities," the official said.

While roping in private players is a practice commonly followed by state-run PSUs in the services sector, it is a "paradigm shift" for companies operating in the manufacturing sector, the official added.

"We are roping in a transaction advisor to chalk out the terms of the Expression of Interest and for floating the Request for Proposal," another official said, adding that the successful private bidders will be given an assurance and a "clean slate" after settlement of all the liabilities of the sick Kolkata-headquartered Hindustan Paper Corporation.

HPC group has four paper mills, two of which are units and two are subsidiary companies. HPC is the holding company for Hindustan Newsprint Ltd and Nagaland Pulp & Paper Company.

Nagaon Paper Mill and Cachar Paper Mill function directly under HPC's control and their performance is reflected in its operating results. Over a period of three decades, HPC has built up a total capacity of about 3.35 lakh tonnes of paper and newsprint.